RE:RE:RE:Crux Investor
Excelsior have spent years upon years of research and engineering works/studies, and have convinced institutional investors to invest multiple millions of dollars. Now if the report produced by Crux was even remotely true (report essentially outlines that the geological setting of the Gunnison area is not compatible for the in-situ leach process) there is no way, not a chance that Excelsior would go down the route of in-situ leach processing.
The previous in depth combined geological/geophysical/engineering studies carried out by Excelsior would have surely indicated the feasibility of the mine process and economics etc....
Makes you wonder why Crux would deliver such a critical report at this stage??